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An analyst is interested in assessing both the efficiency and liquidity of Spherion PLC. The analyst has collected the following data for Spherion: FY3 FY2 FYI Days of inventory on hand 32 34 40 Days...

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An analyst is interested in assessing both the efficiency and liquidity of Spherion PLC. The analyst has collected the following data for Spherion:

FY3

FY2

FYI

Days of inventory on hand

32

34

40

Days sales outstanding

28

25

23

Number of days of payables

40

35

35

Based on this data, what is the analystleast likelyto conclude?

A. Inventory management has contributed to improved liquidity.

B. Management of payables has contributed to improved liquidity.

C. Management of receivables has contributed to improved liquidity.

Answered Same Day Dec 24, 2021

Solution

David answered on Dec 24 2021
124 Votes
An analyst is interested in assessing both the efficiency and liquidity of Spherion PLC. The analyst has collected the
following data for Spherion:
FY3 FY2 FYI
Days of inventory on hand 32 34 40
Days sales outstanding 28 25 23
Number of days of payables 40 35 35
Based on this data, what is the analystleast likelyto conclude?
A. Inventory management has contributed to improved liquidity.
B. Management of payables has...
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